Gus G.
Margin Loans vs. Conventional Loans Advice
Hello All,
I have a question regarding margin loans.
Background:
My family owns about $40mm free and clear in multifamily (111 units - we live in a fast-growing metropolitan city). Recently, we sold our interest in...
JR Woolf
AirDNA for Lender/Appraiser Comps
Has anyone ever had any luck getting a lender or appraiser to use AirDNA to come up with STVR comps for underwriting purposes? I have a STVR in an area that is ripe with vacationers but I have no idea how strong or w...
P.J. Bremner
BRRRR Ohio - Lenders or Credit Unions or Brokers, Oh my!
So I'm currently in negotiations with my first couple of properties in Ohio and I'm looking to implement the BRRRR strategy. I have a couple great candidates for property management, an awesome contractor and a very ...
Tammi Bieniek
Turn 4-plex into m2m or sell and buy a STR in a vacation area?
I bought 2 4-plex a few years ago. They have been LTR. gross $2900 each per month, current appraisal is $220. I had pretty bad PM, I finally was able to get a good PM, this year. Now I have caught the STR bug. They...
Kelli E.
Self-Directed IRA: Yes or No??
Hello,
I'm still a newbie around here and I've read a lot about SDIRA but am still not sure if it's right for me?? I've come across some great real estate opportunities but not sure my options to fund them. ...
Account Closed
Should I sell my rental property?
Quick Background: I am 21. My sister and I inherited a house when we were very young. We have been managing it since I was 18. The house is valued at $850,000. There is no mortgage. Our current tenants are paying $3,1...
Sean Ploskina
Analyzing a bulk purchase
A potential deal has come up. A seller was to unload her portfolio of 6 properties for a total of 21 units. Only 14 of the 21 are occupied, mostly due to her fatigue managing.At a commerical size like this would it ...
Robert Carson
How can I win a property
Hi all,
I am currently working on finding flip by way of mls right now with plans to move to marketing campaign and eventually the brrr strategy but my problem is this, I live in Anne arundel county Maryland and I ha...
Edward Brown
Is 65% LTV the new norm?
I just got off the phone with my lender to refi my new property. The loan officer let me know that I would have to bring cash to the closing table because they are only lending at 65% LTV. Has anyone else been getting...
Diane J.
Setting Up Shop in a New State
Advice please! I suppose it's easier to start your business if you're working in your own town but what about starting up in another state?
1. Past experience is in rehabbing averaging 20K in profit per project. Have...